composition me purchases

149 views 5 replies
me gst composition me rjistrd hu ...meri frm ydi unrjistrd se purchases kr ti h ..to meri frm ka tex calculated kese hoga
purchases 4/7/17 ki 4500/ ki h btaye meri qwatrli return me kitna tex jma krana pdega
Replies (5)
if you have purchase of more than 5000 in a day ..then you will have to pay tax on reverse charge basis. since you have purchased goods worth rs 4500. no need to pay tax under reverse charge

Sir,

If Your Aggregate Purchase from Unregistered Dealer is crossing  Limit of 5000/- Rs. Per Day then only you have to Pay Under RCM,

@ CA Animesh Kumar Jain
why would he pay tax @ 1% on purchase .?

Thanks For Noticing,

It Was Wrongly Written...!!

I Modified it :)

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